Silver Certificate Default(Two Doors Close, Two Doors Open)Silver Stock Reportby Jason Hommel, December 9th, 2008
In my last report on the major silver frauds in the silver world, I identified 7 major silver frauds. The World is Filled with Silver Fraud http://silverstockreport.com/2008/fraud.html But I neglected to mention the silver certificates that are sold by Canadian Banks. In recent reports, I have mentioned that most Canadian silver shops are sold out of silver, and also, I've reported that most of the major bullion banks in Canada have been sold out, or nearly sold out of silver and gold. Finally, a clearly written independent report of a silver certificate default, or failure to redeem the certificate, has appeared on the web. http://canadiansilverbug.blogspot.com/2008/12/silver-certificates-and-failure-to.html This failure of major banks to deliver silver should be big news, but it is sorely neglected by all major media, who don't care one tiny bit about honesty and truth, and silver is even less of a concern to them. That first report was a complaint about TD Canada Trust. TD Canada Trust is owned by Toronto Dominion Bank, who owns TD Ameritrade. This news is almost enough to convince me to liquidate my TD Ameritrade account, or at least ask for my certificates. Maybe I will, tomorrow, but tonight, I must send out this report. But wait! Another report came out tonight about another Canadian Bank who also could not produce silver or gold upon request! This one came from Bill Murphy at www.lemetropolecafe.com I read Bill daily. (You can subscribe for a free two week subscription!) Excerpt: I just phoned the main branch of the Bank of Nova Scotia here in Halifax, Nova Scotia for an appointment to purchase more gold and silver maples. My contact told me there is no silver to be had at this branch. She is going to call me back in 15 minutes to advise me of their inventory of gold maples and one ounce bars.
Jason Hommel |